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Tag: revenue

Luminar CFO defends lidar maker’s pricing and revenue

Luminar CFO defends lidar maker’s pricing and revenue

A Mercedes-Benz van retrofitted with unique types of lidar devices, together with Luminar’s Iris, to showcase the distinctions in the systems. Michael Wayland / CNBC Lidar maker Luminar Technologies, stung by a modern Wall Street downgrade, is responding in an uncommon way: getting its scenario directly …
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Revenue surges, company touts EV sales

Revenue surges, company touts EV sales

Chinese automaker Geely defeat earnings expectations for 2022, sending shares surging Wednesday. Shares of Geely spiked as much as 7%, just before settling down to trade almost 3% previously mentioned its preceding close. Geely documented its 2022 revenue surged 45.6% from a 12 months in the …
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Nio Q3 2022 earnings revenue loss guidance

Nio Q3 2022 earnings revenue loss guidance

Staff members stand following to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Visuals Chinese electric powered automobile maker Nio on Thursday noted a reduction of $577.9 million for the third quarter, …
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Stellantis announces ‘Circular Economy’ business to drive revenue, decarbonization

Stellantis announces ‘Circular Economy’ business to drive revenue, decarbonization

Stellantis has currently announced its options to achieve web-zero carbon emissions by 2038. Today, the automaker has announced a new enterprise device to enable it access that target when generating 2 billion euros for each yr in profits by 2030. The “Circular Economy” business will help …
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Huawei’s second quarter revenue rises slightly from a year ago

Huawei’s second quarter revenue rises slightly from a year ago

Chinese telecommunications big Huawei produced figures Friday that showed its 1st quarterly improve in income since 2020. Pictured here on July 8, 2022, is a Huawei flagship retail store in Shenzhen, Guangdong province of China. Jade Gao | Afp | Getty Pictures BEIJING — Chinese telecommunications …
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Jeep maker Stellantis aims to double revenue by 2030

Jeep maker Stellantis aims to double revenue by 2030

Chris Feuell, CEO of Chrysler model of Stellantis, introduces the all-electric powered Chrysler Airflow Principle car in the course of a Stellantis push celebration at CES 2022 at the Las Vegas Conference Middle on January 5, 2022 in Las Vegas, Nevada. Alex Wong | Getty Photographs …
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Shares of EV start-up Nikola surge on earnings beat, revenue in 2022

Shares of EV start-up Nikola surge on earnings beat, revenue in 2022

San Pedro, CA – December 17: The initial two zero-emissions electrical vehicles, from an purchase of 100 vehicles, shipped from the Nikola Corporation to Whole Transportation Solutions at the Port of Los Angeles in San Pedro on Friday, December 17, 2021. Brittany Murray | MediaNews Group …
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EV stocks soared in 2021; investors betting revenue to follow in 2022

EV stocks soared in 2021; investors betting revenue to follow in 2022

Rivian electric vehicles are viewed parked in the vicinity of the Nasdaq MarketSite creating in Periods Sq. on November 10, 2021 in New York Town. Michael M. Santiago | Getty Illustrations or photos If 2021 was the calendar year for electric vehicle stocks, 2022 is the …
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Stellantis plans to generate $22.5 billion in new software revenue by 2030

Stellantis plans to generate $22.5 billion in new software revenue by 2030

2022 Jeep Grand Cherokee Summit 4xe DETROIT – Automaker Stellantis designs to deliver about $22.5 billion (20 billion euros) in incremental once-a-year income from computer software providers and subscriptions by 2030, the organization announced Tuesday. Driving the expansion will be an boost in the automaker’s so-termed …
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GM says it will double annual revenue by 2030 to $280 billion in digital push to be seen more like Tesla

GM says it will double annual revenue by 2030 to $280 billion in digital push to be seen more like Tesla

DETROIT – General Motors options to double its once-a-year income to $280 billion by the conclude of this decade as it transitions to all-electric automobiles and diversifies its operations further than marketing cars and vans. The automaker declared the new revenue goal, along with fatter projected …
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